United Polyfab Gujarat Ltd.
•₹ 36.721.27%
2026-08-21
PROS
- Company has delivered good profit growth of 38.6% CAGR over last 5 years
- Latest quarter profit grew 31.8% YoY, showing strong momentum
- Company has delivered good sales growth of 17.9% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.30x)
- Company generates healthy free cash flow
- Attractively priced for its growth - PEG of 0.1
CONS
- Receivables are growing faster than sales - a possible quality concern
- Inventory has been piling up - inventory days up from 8 to 21
- Debtor days have increased from 34 to 59
- Growth is decelerating - 3Y profit CAGR (23.4%) trails the 5Y trend (38.6%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SIYSIL | 633.40 | 12.11 | 2873.74 | 2.53 | 11.01 | 137.31 | 445.66 | 14.42 | 20.46 | 4.05 |
| 2. | UNITEDPOLY | 35.39 | 29.74 | 812.26 | 0.00 | 7.82 | 31.87 | 179.85 | 23.03 | 15.11 | 6.90 |
| 3. | VTMLTD | 46.28 | 0.00 | 465.43 | 0.00 | 19.32 | 319.54 | 984.04 | 1266.97 | 4.55 | 5.92 |
| 4. | MANOMAY | 214.35 | 0.00 | 386.87 | 0.00 | 4.95 | 11.28 | 197.51 | 20.48 | 12.74 | 10.01 |
| 5. | VGL | 56.95 | 0.00 | 293.46 | 0.00 | 78.81 | — | 1179.33 | — | 21.49 | 14.91 |
| 6. | JASCHIND | 305.00 | 9.21 | 207.34 | 0.00 | 5.07 | -4.97 | 59.32 | -3.79 | 19.22 | 11.43 |
| 7. | BSL | 123.00 | 0.00 | 126.59 | 0.00 | 1.72 | 266.38 | 169.72 | 7.41 | 6.01 | 8.42 |
| 8. | KGDENIM | 14.21 | 3.22 | 36.43 | 0.00 | 8.44 | 359.69 | 4.86 | -64.71 | -7.29 | -86.21 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 210 | 240 | 242 | 216 | 138 | 159 | 152 | 153 | 146 | 185 | 175 | 172 | 180 | |
| 203 | 233 | 234 | 208 | 129 | 147 | 140 | 142 | 133 | 173 | 161 | 163 | 172 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 0 | -0 | 0 |
| Interest | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 3 | 2 | 3 | 2 | 3 | 2 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 |
| 4 | 3 | 3 | 3 | 2 | 7 | 7 | 5 | 8 | 10 | 8 | 4 | 8 | |
| Tax % | 14.77% | 36.19% | 42.49% | 104.73% | -51.41% | 24.92% | 25.84% | 26.83% | 25.78% | 26.40% | 42.11% | -100.00% | 6.30% |
| Net Profit | 3 | 2 | 2 | -0 | 4 | 5 | 5 | 4 | 6 | 8 | 5 | 7 | 8 |
| 2 | 1 | 1 | 0 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 21 | 21 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 21 | 21 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 210
- 203
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 2
- Depreciation
- 3
- 4
- Tax %
- 14.77%
- Net Profit
- 3
- 2
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 240
- 233
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 3
- 3
- Tax %
- 36.19%
- Net Profit
- 2
- 1
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 21
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 242
- 234
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 3
- 3
- Tax %
- 42.49%
- Net Profit
- 2
- 1
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 216
- 208
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 3
- 3
- Tax %
- 104.73%
- Net Profit
- -0
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 138
- 129
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 3
- 2
- Tax %
- -51.41%
- Net Profit
- 4
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 159
- 147
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 3
- 7
- Tax %
- 24.92%
- Net Profit
- 5
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 152
- 140
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 3
- 7
- Tax %
- 25.84%
- Net Profit
- 5
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 153
- 142
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 3
- Depreciation
- 3
- 5
- Tax %
- 26.83%
- Net Profit
- 4
- 2
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 146
- 133
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 3
- 8
- Tax %
- 25.78%
- Net Profit
- 6
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 185
- 173
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 3
- Depreciation
- 3
- 10
- Tax %
- 26.40%
- Net Profit
- 8
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 175
- 161
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 3
- 8
- Tax %
- 42.11%
- Net Profit
- 5
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 172
- 163
- Operating Profit
- —
- OPM %
- —
- Other Income
- -0
- Interest
- 3
- Depreciation
- 3
- 4
- Tax %
- -100.00%
- Net Profit
- 7
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 180
- 172
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 2
- 8
- Tax %
- 6.30%
- Net Profit
- 8
- 0
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 23
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 35 | 40 | 104 | 163 | 264 | 210 | 661 | 653 | 908 | 602 | 712 | |
| 31 | 35 | 90 | 141 | 243 | 186 | 628 | 624 | 876 | 558 | 668 | |
| Operating Profit | 4 | 5 | 14 | 22 | 22 | 24 | 33 | 30 | 35 | 45 | — |
| OPM % | 10 | 13 | 14 | 14 | 8 | 12 | 5 | 5 | 4 | 7 | — |
| Other Income | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 3 | 1 | 4 |
| Interest | 1 | 1 | 3 | 8 | 7 | 12 | 9 | 9 | 10 | 11 | 10 |
| Depreciation | 2 | 2 | 9 | 11 | 11 | 10 | 12 | 13 | 13 | 13 | 12 |
| 1 | 2 | 2 | 3 | 4 | 2 | 12 | 8 | 12 | 21 | 31 | |
| Tax % | 32 | 32 | 32 | 38 | 16 | 79 | 23 | 32 | 46 | 17 | 11 |
| Net Profit | 1 | 1 | 1 | 2 | 3 | 0 | 9 | 5 | 7 | 18 | 27 |
| EPS | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 3 | 3 | 8 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | — |
Mar 2016
- 35
- 31
- Operating Profit
- 4
- OPM %
- 10
- Other Income
- 0
- Interest
- 1
- Depreciation
- 2
- 1
- Tax %
- 32
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 40
- 35
- Operating Profit
- 5
- OPM %
- 13
- Other Income
- 0
- Interest
- 1
- Depreciation
- 2
- 2
- Tax %
- 32
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 104
- 90
- Operating Profit
- 14
- OPM %
- 14
- Other Income
- 0
- Interest
- 3
- Depreciation
- 9
- 2
- Tax %
- 32
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 163
- 141
- Operating Profit
- 22
- OPM %
- 14
- Other Income
- 0
- Interest
- 8
- Depreciation
- 11
- 3
- Tax %
- 38
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 264
- 243
- Operating Profit
- 22
- OPM %
- 8
- Other Income
- 1
- Interest
- 7
- Depreciation
- 11
- 4
- Tax %
- 16
- Net Profit
- 3
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2021
- 210
- 186
- Operating Profit
- 24
- OPM %
- 12
- Other Income
- 0
- Interest
- 12
- Depreciation
- 10
- 2
- Tax %
- 79
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 661
- 628
- Operating Profit
- 33
- OPM %
- 5
- Other Income
- 0
- Interest
- 9
- Depreciation
- 12
- 12
- Tax %
- 23
- Net Profit
- 9
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2023
- 653
- 624
- Operating Profit
- 30
- OPM %
- 5
- Other Income
- 1
- Interest
- 9
- Depreciation
- 13
- 8
- Tax %
- 32
- Net Profit
- 5
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 908
- 876
- Operating Profit
- 35
- OPM %
- 4
- Other Income
- 3
- Interest
- 10
- Depreciation
- 13
- 12
- Tax %
- 46
- Net Profit
- 7
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2025
- 602
- 558
- Operating Profit
- 45
- OPM %
- 7
- Other Income
- 1
- Interest
- 11
- Depreciation
- 13
- 21
- Tax %
- 17
- Net Profit
- 18
- EPS
- 8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 712
- 668
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 10
- Depreciation
- 12
- 31
- Tax %
- 11
- Net Profit
- 27
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 34%
- 5 Years:
- 18%
- 3 Years:
- -3%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 44%
- 5 Years:
- 39%
- 3 Years:
- 23%
STOCK PRICE CAGR
- 10 Years:
- 39%
- 5 Years:
- 102%
- 3 Years:
- 55%
- 1 Year:
- 0%
RETURN ON EQUITY
- 10 Years:
- 9%
- 5 Years:
- 12%
- 3 Years:
- 13%
- Last Year:
- 20%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 3 | 6 | 6 | 7 | 7 | 21 | 21 | 21 | 23 | 23 |
| 5 | 21 | 22 | 35 | 39 | 25 | 34 | 40 | 57 | 74 | |
| 2 | 3 | 6 | 25 | 19 | 21 | 50 | 39 | 32 | 45 | |
| Trade Payables | 4 | 7 | 3 | 13 | 14 | 13 | 30 | 10 | 22 | 18 |
| 21 | 78 | 146 | 125 | 111 | 90 | 75 | 89 | 109 | 86 | |
| Total Liabilities | 35 | 114 | 183 | 204 | 191 | 170 | 210 | 198 | 243 | 246 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 16 | 84 | 75 | 127 | 117 | 108 | 97 | 93 | 80 | 94 | |
| Capital Work in Progress | 9 | 4 | 64 | 1 | 0 | 0 | 1 | 0 | 25 | 0 |
| 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | |
| 2 | 3 | 7 | 12 | 6 | 3 | 4 | 15 | 26 | 45 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 98 | 97 | |
| Cash & Bank | 1 | 6 | 2 | 3 | 2 | 5 | 16 | 9 | 5 | 5 |
| 6 | 16 | 34 | 61 | 66 | 54 | 91 | 80 | 10 | 6 | |
| Total Assets | 35 | 114 | 183 | 204 | 191 | 170 | 210 | 198 | 243 | 246 |
| Total Debt | 12 | 60 | 106 | 119 | 99 | 108 | 121 | 114 | 125 | 118 |
| Net Working Capital | 1 | 5 | 21 | 26 | 29 | 27 | 31 | 48 | 54 | 59 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 24 |
| Book Value per Share | 25.22 | 46.15 | 48.50 | 60.82 | 65.77 | 21.74 | 26.30 | 28.92 | 34.70 | 42.41 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 12 | 60 | 106 | 119 | 99 | 108 | 121 | 114 | 125 | 118 |
| Net Working Capital | 1 | 5 | 21 | 26 | 29 | 27 | 31 | 48 | 54 | 59 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 24 |
| Book Value per Share | 25.22 | 46.15 | 48.50 | 60.82 | 65.77 | 21.74 | 26.30 | 28.92 | 34.70 | 42.41 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 3
- 5
- 2
- Trade Payables
- 4
- 21
- Total Liabilities
- 35
- 16
- Capital Work in Progress
- 9
- 1
- 2
- 0
- Cash & Bank
- 1
- 6
- Total Assets
- 35
- Total Debt
- 12
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 25.22
- Face Value
- 10.00
- Total Debt
- 12
- Net Working Capital
- 1
- Contingent Liabilities
- 0
- Book Value per Share
- 25.22
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 6
- 21
- 3
- Trade Payables
- 7
- 78
- Total Liabilities
- 114
- 84
- Capital Work in Progress
- 4
- 1
- 3
- 0
- Cash & Bank
- 6
- 16
- Total Assets
- 114
- Total Debt
- 60
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- 46.15
- Face Value
- 10.00
- Total Debt
- 60
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- 46.15
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 6
- 22
- 6
- Trade Payables
- 3
- 146
- Total Liabilities
- 183
- 75
- Capital Work in Progress
- 64
- 1
- 7
- 0
- Cash & Bank
- 2
- 34
- Total Assets
- 183
- Total Debt
- 106
- Net Working Capital
- 21
- Contingent Liabilities
- 0
- Book Value per Share
- 48.50
- Face Value
- 10.00
- Total Debt
- 106
- Net Working Capital
- 21
- Contingent Liabilities
- 0
- Book Value per Share
- 48.50
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 7
- 35
- 25
- Trade Payables
- 13
- 125
- Total Liabilities
- 204
- 127
- Capital Work in Progress
- 1
- 1
- 12
- 0
- Cash & Bank
- 3
- 61
- Total Assets
- 204
- Total Debt
- 119
- Net Working Capital
- 26
- Contingent Liabilities
- 0
- Book Value per Share
- 60.82
- Face Value
- 10.00
- Total Debt
- 119
- Net Working Capital
- 26
- Contingent Liabilities
- 0
- Book Value per Share
- 60.82
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 7
- 39
- 19
- Trade Payables
- 14
- 111
- Total Liabilities
- 191
- 117
- Capital Work in Progress
- 0
- 1
- 6
- 0
- Cash & Bank
- 2
- 66
- Total Assets
- 191
- Total Debt
- 99
- Net Working Capital
- 29
- Contingent Liabilities
- 0
- Book Value per Share
- 65.77
- Face Value
- 10.00
- Total Debt
- 99
- Net Working Capital
- 29
- Contingent Liabilities
- 0
- Book Value per Share
- 65.77
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 21
- 25
- 21
- Trade Payables
- 13
- 90
- Total Liabilities
- 170
- 108
- Capital Work in Progress
- 0
- 0
- 3
- 0
- Cash & Bank
- 5
- 54
- Total Assets
- 170
- Total Debt
- 108
- Net Working Capital
- 27
- Contingent Liabilities
- 0
- Book Value per Share
- 21.74
- Face Value
- 10.00
- Total Debt
- 108
- Net Working Capital
- 27
- Contingent Liabilities
- 0
- Book Value per Share
- 21.74
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 21
- 34
- 50
- Trade Payables
- 30
- 75
- Total Liabilities
- 210
- 97
- Capital Work in Progress
- 1
- 0
- 4
- 0
- Cash & Bank
- 16
- 91
- Total Assets
- 210
- Total Debt
- 121
- Net Working Capital
- 31
- Contingent Liabilities
- 0
- Book Value per Share
- 26.30
- Face Value
- 10.00
- Total Debt
- 121
- Net Working Capital
- 31
- Contingent Liabilities
- 0
- Book Value per Share
- 26.30
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 21
- 40
- 39
- Trade Payables
- 10
- 89
- Total Liabilities
- 198
- 93
- Capital Work in Progress
- 0
- 0
- 15
- 0
- Cash & Bank
- 9
- 80
- Total Assets
- 198
- Total Debt
- 114
- Net Working Capital
- 48
- Contingent Liabilities
- 3
- Book Value per Share
- 28.92
- Face Value
- 10.00
- Total Debt
- 114
- Net Working Capital
- 48
- Contingent Liabilities
- 3
- Book Value per Share
- 28.92
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 23
- 57
- 32
- Trade Payables
- 22
- 109
- Total Liabilities
- 243
- 80
- Capital Work in Progress
- 25
- 0
- 26
- 98
- Cash & Bank
- 5
- 10
- Total Assets
- 243
- Total Debt
- 125
- Net Working Capital
- 54
- Contingent Liabilities
- 3
- Book Value per Share
- 34.70
- Face Value
- 10.00
- Total Debt
- 125
- Net Working Capital
- 54
- Contingent Liabilities
- 3
- Book Value per Share
- 34.70
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 23
- 74
- 45
- Trade Payables
- 18
- 86
- Total Liabilities
- 246
- 94
- Capital Work in Progress
- 0
- 0
- 45
- 97
- Cash & Bank
- 5
- 6
- Total Assets
- 246
- Total Debt
- 118
- Net Working Capital
- 59
- Contingent Liabilities
- 24
- Book Value per Share
- 42.41
- Face Value
- 10.00
- Total Debt
- 118
- Net Working Capital
- 59
- Contingent Liabilities
- 24
- Book Value per Share
- 42.41
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 | -2 | -3 | 14 | 20 | 27 | 9 | 18 | 2 | 19 | |
| Cash from Investing | -10 | -65 | -59 | -1 | 1 | -2 | -2 | -10 | -21 | -3 |
| Cash from Financing | 1 | 72 | 59 | -13 | -22 | -27 | 5 | -13 | 12 | -17 |
| -1 | 5 | -3 | 0 | -1 | -1 | 12 | -5 | -7 | 0 | |
| Free Cash Flow | -3 | -67 | -63 | 14 | 20 | 26 | 7 | 10 | -22 | 17 |
| OCF / Net Profit | 9.42 | -1.78 | -2.60 | 7.21 | 5.79 | 61.64 | 0.99 | 3.25 | 0.24 | 1.10 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -99 | -71 | 3 | 76 | 40 | 37 |
| OCF / Net Profit | 9.42 | -1.78 | -2.60 | 7.21 | 5.79 | 61.64 | 0.99 | 3.25 | 0.24 | 1.10 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -99 | -71 | 3 | 76 | 40 | 37 |
Mar 2016
- 7
- Cash from Investing
- -10
- Cash from Financing
- 1
- -1
- Free Cash Flow
- -3
- OCF / Net Profit
- 9.42
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 9.42
- Cumulative 5-Year FCF
- 0
Mar 2017
- -2
- Cash from Investing
- -65
- Cash from Financing
- 72
- 5
- Free Cash Flow
- -67
- OCF / Net Profit
- -1.78
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.78
- Cumulative 5-Year FCF
- 0
Mar 2018
- -3
- Cash from Investing
- -59
- Cash from Financing
- 59
- -3
- Free Cash Flow
- -63
- OCF / Net Profit
- -2.60
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -2.60
- Cumulative 5-Year FCF
- 0
Mar 2019
- 14
- Cash from Investing
- -1
- Cash from Financing
- -13
- 0
- Free Cash Flow
- 14
- OCF / Net Profit
- 7.21
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 7.21
- Cumulative 5-Year FCF
- 0
Mar 2020
- 20
- Cash from Investing
- 1
- Cash from Financing
- -22
- -1
- Free Cash Flow
- 20
- OCF / Net Profit
- 5.79
- Cumulative 5-Year FCF
- -99
- OCF / Net Profit
- 5.79
- Cumulative 5-Year FCF
- -99
Mar 2021
- 27
- Cash from Investing
- -2
- Cash from Financing
- -27
- -1
- Free Cash Flow
- 26
- OCF / Net Profit
- 61.64
- Cumulative 5-Year FCF
- -71
- OCF / Net Profit
- 61.64
- Cumulative 5-Year FCF
- -71
Mar 2022
- 9
- Cash from Investing
- -2
- Cash from Financing
- 5
- 12
- Free Cash Flow
- 7
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 3
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 3
Mar 2023
- 18
- Cash from Investing
- -10
- Cash from Financing
- -13
- -5
- Free Cash Flow
- 10
- OCF / Net Profit
- 3.25
- Cumulative 5-Year FCF
- 76
- OCF / Net Profit
- 3.25
- Cumulative 5-Year FCF
- 76
Mar 2024
- 2
- Cash from Investing
- -21
- Cash from Financing
- 12
- -7
- Free Cash Flow
- -22
- OCF / Net Profit
- 0.24
- Cumulative 5-Year FCF
- 40
- OCF / Net Profit
- 0.24
- Cumulative 5-Year FCF
- 40
Mar 2025
- 19
- Cash from Investing
- -3
- Cash from Financing
- -17
- 0
- Free Cash Flow
- 17
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 37
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- 37
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 2.64 | 1.85 | 2.35 | 2.73 | 4.95 | 0.21 | 4.49 | 2.61 | 2.88 | 7.71 |
| Book Value (₹) | 25.22 | 46.15 | 48.50 | 60.82 | 65.77 | 21.74 | 26.30 | 28.92 | 34.70 | 42.41 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.29 | 0.19 | 0.63 | 0.62 | 0.70 | 0.52 | 1.04 | 0.86 | 0.85 | 1.34 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 10.28% | 12.56% | 13.77% | 13.67% | 8.38% | 11.58% | 5.06% | 4.58% | 3.52% | 7.27% |
| Net Margin % | 2.27% | 2.66% | 1.28% | 1.17% | 1.31% | 0.21% | 1.42% | 0.84% | 0.73% | 2.94% |
| ROE % | 11.03% | 6.24% | 4.97% | 5.44% | 7.82% | 0.97% | 18.69% | 9.47% | 9.43% | 20.00% |
| ROCE % | 8.75% | 5.13% | 4.38% | 7.57% | 7.19% | 9.33% | 12.76% | 9.73% | 11.52% | 15.11% |
| 2.52% | 1.41% | 0.90% | 0.99% | 1.75% | 0.25% | 4.95% | 2.69% | 3.00% | 7.24% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 19 | 40 | 40 | 64 | 63 | 87 | 37 | 44 | 34 | 59 |
| Inventory Days | 16 | 26 | 19 | 21 | 12 | 8 | 2 | 6 | 8 | 21 |
| Payable Days | 35 | 72 | 25 | 25 | 23 | 31 | 13 | 12 | 7 | 14 |
| 0 | -7 | 34 | 60 | 52 | 63 | 26 | 37 | 35 | 66 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.62x | 2.29x | 3.84x | 2.80x | 2.15x | 2.37x | 2.20x | 1.88x | 1.58x | 1.22x |
| Interest Coverage (x) | 2.87x | 2.31x | 1.67x | 1.38x | 1.60x | 1.18x | 2.36x | 1.88x | 2.26x | 3.02x |
| 1.19x | 1.38x | 2.18x | 1.63x | 1.74x | 1.79x | 1.39x | 1.88x | 1.64x | 1.64x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 10.84% | 14.44% | 163.35% | 56.53% | 61.84% | -20.46% | 214.66% | -1.28% | 39.21% | -33.71% |
| Operating Profit Growth % | 25.98% | 39.86% | 188.73% | 55.42% | -0.76% | 9.81% | 37.46% | -10.67% | 16.72% | 28.50% |
| Net Profit Growth % | 74.77% | 34.01% | 26.99% | 42.42% | 81.31% | -87.12% | 2012.44% | -41.75% | 20.65% | 167.69% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 10.14% | 167.69% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.18x | 1.94x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 2.64x | 3.53x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.49x | 10.20x |
Mar 2016
- EPS (₹)
- 2.64
- Book Value (₹)
- 25.22
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.29
- Operating Margin %
- 10.28%
- Net Margin %
- 2.27%
- ROE %
- 11.03%
- ROCE %
- 8.75%
- 2.52%
- Debtor Days
- 19
- Inventory Days
- 16
- Payable Days
- 35
- 0
- Debt to Equity (x)
- 1.62x
- Interest Coverage (x)
- 2.87x
- 1.19x
- Revenue Growth %
- 10.84%
- Operating Profit Growth %
- 25.98%
- Net Profit Growth %
- 74.77%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 1.85
- Book Value (₹)
- 46.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.19
- Operating Margin %
- 12.56%
- Net Margin %
- 2.66%
- ROE %
- 6.24%
- ROCE %
- 5.13%
- 1.41%
- Debtor Days
- 40
- Inventory Days
- 26
- Payable Days
- 72
- -7
- Debt to Equity (x)
- 2.29x
- Interest Coverage (x)
- 2.31x
- 1.38x
- Revenue Growth %
- 14.44%
- Operating Profit Growth %
- 39.86%
- Net Profit Growth %
- 34.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 2.35
- Book Value (₹)
- 48.50
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.63
- Operating Margin %
- 13.77%
- Net Margin %
- 1.28%
- ROE %
- 4.97%
- ROCE %
- 4.38%
- 0.90%
- Debtor Days
- 40
- Inventory Days
- 19
- Payable Days
- 25
- 34
- Debt to Equity (x)
- 3.84x
- Interest Coverage (x)
- 1.67x
- 2.18x
- Revenue Growth %
- 163.35%
- Operating Profit Growth %
- 188.73%
- Net Profit Growth %
- 26.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 2.73
- Book Value (₹)
- 60.82
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.62
- Operating Margin %
- 13.67%
- Net Margin %
- 1.17%
- ROE %
- 5.44%
- ROCE %
- 7.57%
- 0.99%
- Debtor Days
- 64
- Inventory Days
- 21
- Payable Days
- 25
- 60
- Debt to Equity (x)
- 2.80x
- Interest Coverage (x)
- 1.38x
- 1.63x
- Revenue Growth %
- 56.53%
- Operating Profit Growth %
- 55.42%
- Net Profit Growth %
- 42.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 4.95
- Book Value (₹)
- 65.77
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.70
- Operating Margin %
- 8.38%
- Net Margin %
- 1.31%
- ROE %
- 7.82%
- ROCE %
- 7.19%
- 1.75%
- Debtor Days
- 63
- Inventory Days
- 12
- Payable Days
- 23
- 52
- Debt to Equity (x)
- 2.15x
- Interest Coverage (x)
- 1.60x
- 1.74x
- Revenue Growth %
- 61.84%
- Operating Profit Growth %
- -0.76%
- Net Profit Growth %
- 81.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.21
- Book Value (₹)
- 21.74
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.52
- Operating Margin %
- 11.58%
- Net Margin %
- 0.21%
- ROE %
- 0.97%
- ROCE %
- 9.33%
- 0.25%
- Debtor Days
- 87
- Inventory Days
- 8
- Payable Days
- 31
- 63
- Debt to Equity (x)
- 2.37x
- Interest Coverage (x)
- 1.18x
- 1.79x
- Revenue Growth %
- -20.46%
- Operating Profit Growth %
- 9.81%
- Net Profit Growth %
- -87.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.49
- Book Value (₹)
- 26.30
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.04
- Operating Margin %
- 5.06%
- Net Margin %
- 1.42%
- ROE %
- 18.69%
- ROCE %
- 12.76%
- 4.95%
- Debtor Days
- 37
- Inventory Days
- 2
- Payable Days
- 13
- 26
- Debt to Equity (x)
- 2.20x
- Interest Coverage (x)
- 2.36x
- 1.39x
- Revenue Growth %
- 214.66%
- Operating Profit Growth %
- 37.46%
- Net Profit Growth %
- 2012.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.61
- Book Value (₹)
- 28.92
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.86
- Operating Margin %
- 4.58%
- Net Margin %
- 0.84%
- ROE %
- 9.47%
- ROCE %
- 9.73%
- 2.69%
- Debtor Days
- 44
- Inventory Days
- 6
- Payable Days
- 12
- 37
- Debt to Equity (x)
- 1.88x
- Interest Coverage (x)
- 1.88x
- 1.88x
- Revenue Growth %
- -1.28%
- Operating Profit Growth %
- -10.67%
- Net Profit Growth %
- -41.75%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 2.88
- Book Value (₹)
- 34.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.85
- Operating Margin %
- 3.52%
- Net Margin %
- 0.73%
- ROE %
- 9.43%
- ROCE %
- 11.52%
- 3.00%
- Debtor Days
- 34
- Inventory Days
- 8
- Payable Days
- 7
- 35
- Debt to Equity (x)
- 1.58x
- Interest Coverage (x)
- 2.26x
- 1.64x
- Revenue Growth %
- 39.21%
- Operating Profit Growth %
- 16.72%
- Net Profit Growth %
- 20.65%
- 10.14%
- P/E (x)
- 3.18x
- P/B (x)
- 2.64x
- Dividend Yield %
- 0.00%
- 9.49x
Mar 2025
- EPS (₹)
- 7.71
- Book Value (₹)
- 42.41
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.34
- Operating Margin %
- 7.27%
- Net Margin %
- 2.94%
- ROE %
- 20.00%
- ROCE %
- 15.11%
- 7.24%
- Debtor Days
- 59
- Inventory Days
- 21
- Payable Days
- 14
- 66
- Debt to Equity (x)
- 1.22x
- Interest Coverage (x)
- 3.02x
- 1.64x
- Revenue Growth %
- -33.71%
- Operating Profit Growth %
- 28.50%
- Net Profit Growth %
- 167.69%
- 167.69%
- P/E (x)
- 1.94x
- P/B (x)
- 3.53x
- Dividend Yield %
- 0.00%
- 10.20x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-11 - United Polyfab Gujarat Limited has informed the Exchange about Copy of Newspaper Publication
- Outcome of Board Meeting
2026-08-10 - United Polyfab Gujarat Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.